Acton, Earls Court, Old Oak Common and Nine Elms: These are London’s next 10 housebuilding hotspots October 7, 2015 The capital's supply of homes for sale – both new-builds and people putting their previously-loved properties on the market – continues to be pathetically low. But as the government attempts to increase the number of homes being built in the capital, parts of London are about to experience mini housebuilding revolutions. Knight Frank's Global Development Report highlights the areas where the biggest [...]
Lionel Messi tax fraud case: Barcelona star cleared of all charges but prosecutors want jail time for father October 6, 2015 Barcelona and Argentina star Lionel Messi has been cleared of wrongdoing in a tax fraud case by Spanish prosecutors who are now calling for the arrest of his father. Read more: The cost of signing Messi and why it may be too high even for Chelsea Charges against Messi that he had defrauded Spanish authorities of [...]
Boris Johnson on Uber: London mayor thinks Uber app is breaking the law October 5, 2015 Boris Johnson has said he believes the Uber app is "systematically" breaking the law, weighing in on the fight between Uber, Transport for London (TfL) and black cab drivers and laying out his position for the first time in detail. The Mayor of London insisted proposed new rules are not about blocking the app, but [...]
Uber and Transport for London head for high court in taximeter legal battle October 5, 2015 Uber and Transport for London face another showdown when they pull up at the high court this week, to settle a long-running dispute over whether the smartphone app breaks the law. TfL last week revealed proposals for fresh laws which would curb Uber in London. Now, the UK courts will decide on the legality of [...]
West End poised for £2.5bn boost from Crossrail October 5, 2015 THE ARRIVAL of Crossrail is set to bring a £2.45bn boost to the West End by 2020 as thousands more visitors pour into central London, new research shows. The New West End Company (NWEC), which represents 600 businesses, said annual turnover for its retailers is predicted to hit £11.25bn just two years after completion of [...]
Mike Lynch launches $150m lawsuit against Hewlett-Packard in UK High Court October 1, 2015 Another chapter in the never-ending saga that is Hewlett-Packard's fight with former Autonomy boss Mike Lynch, after Lynch announced today he was launching a $150m lawsuit against the US printer manufacturer in Britain's High Court. In a statement today, Lynch accused HP of making "many statements that were highly damaging to me and misleading to [...]
Oil firm Petroceltic wins investor injunction September 28, 2015 Oil firm Petroceltic was granted an injunction against activist investor Worldview Capital Management yesterday, blocking it from proceeding with an attempt to hold an extraordinary general meeting (EGM). The High Court of Ireland has prohibited Switzerland-based Worldview from going ahead with the meeting, which had been scheduled for 5 October. Worldview called for the EGM [...]
HS2 bidding: Osborne urges Chinese firms to bid on High Speed rail 2 partner deals worth £11.8bn September 23, 2015 Chancellor George Osborne is firing the starting gun on the government’s High Speed 2 (HS2) rail project today by inviting companies to bid on at least seven new contracts worth £11.8bn. The chancellor will announce the bidding process for phase one of the HS2 project at an event in Chengdu, China today. A Treasury spokesperson [...]
Night Tube series: Top six areas in London to buy a house along the Northern Line September 23, 2015 Stretching out from the very north of London to the very south, the Northern Line is one of the Tube's most comprehensive – and oldest – on the Underground. The track between Stockwell and Borough opened in 1890, making it the longest-surviving deep-level Tube line on the network. In addition to the Night Tube, it [...]
Venezuela’s “dear comrade” Jeremy Corbyn puts Labour’s moral authority at risk – The City View September 13, 2015 It's Saturday afternoon in a central London pub, and a newly victorious Jeremy Corbyn can be found leading supporters in a rousing rendition of The Red Flag. At the same time, just under 5,000 miles away, Venezuela’s opposition leader Leopoldo Lopez is beginning a 13 year prison sentence after a court of questionable legitimacy [...]